Udu Loans (pronounced “You Do”) is an associate business of the Direct Axis Group. Udu offers an online self-service loan management portal, making it easier for clients to access and manage finances.

Direct Axis provides tailored financial solutions through Udu and makes it easy for clients to access the funds they need to pay for any financial emergency that comes up.

How to use Udu Loan management services:

By visiting the Udu website you can use the sliders online to work out how much money you will need and the number of months it will take to repay the loan.

Udu offers a hassle-free loan application process, so you can simply upload the necessary documents. Udu requires your latest 3 months’ bank statements for the application. You can email or upload the documents. The entire process will take no more than 5 minutes. There is minimal paperwork involved and there are no interviews with multiple consultants.

Once you’ve been approved for the loan, that full amount will be paid directly into your bank account.

Udu places no limits on how you can use the loan. Whether you need to pay for tertiary education costs, for an emergency medical bill or for an unexpected car repair, the choice is completely yours.

You can keep track of how much you need to repay by using the online self-service portal.

Loans are provided from R4000 up to R150 000 in increments of R1000. Repayment terms are from two to six years, allowing sufficient time to make repayments comfortably. Loans are offered at fixed interest rates which gives clients the benefit of having a consistent monthly repayment.

Pay-outs are quick and clients can expect to wait up to 48 hours to receive the funds. No collateral is required so applicants don’t have to worry about providing any assets up as security for the loan.

Visit www.udu.co.za to benefit from Udu Loan management services.